ResultsFinancial Express
Oil India Q2 standalone net profit doubles to Rs 2,259 crore
GreyOak summary
Oil India reported a 116% year-on-year surge in standalone net profit to Rs 2,259 crore for the September quarter of FY27. This growth was driven by a 20% increase in crude production and higher realisations averaging $92.24 per barrel. Despite a sequential decline, the company declared an interim dividend of Rs 7 per share.
What it affects
- Oil IndiaOILPositive +98
Net profit doubled to Rs 2,259 crore.Rolling sentiment Positive +18
Source
Read the original at Financial ExpressMore Oil India news
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